Springer-Verlag continues to hold stake in Pro7Sat1

 Axel-Springer-Verlag has decided not to sell its ProSiebenSat.1 shares for the time being. The publisher has rejected the offer from majority shareholders Permira and KKR. Despite this decision, however, the further course of action has not yet been clarified, reports the Financial Times Deutschland, according to a Pressetext report. An increase in the shares is just as possible as a complete sale or a reduction. Springer intends to wait until the merger of ProSieben with the European TV group SBS has been completed before making a decision on how to proceed.